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Five bloodbaths that rocked foreign investors
Blog 5 days ago
Five bloodbaths that rocked foreign investors

Read the full story on how foreign investors have been battered by losses here. A growing list of foreign real estate investors, after pouring...

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Councilman: No quid pro quo by de Blasio
Blog 5 days ago
Councilman: No quid pro quo by de Blasio

To the editor: When the media questions public policy, that's a good thing, leading to more transparency and a more robust debate. But I take...

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Nordstrom opens its first product-free mini store
Blog 1 week ago
Nordstrom opens its first product-free mini store

Nordstrom opened its first concept store on the Upper East Side Thursday, a merchandise-free, miniature location that will also expand to the West...

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Theater companies get creative to secure space as rents rise
Blog 1 week ago
Theater companies get creative to secure space as rents rise

Prohibitive rent increases have pushed theater companies to employ new strategies to ensure the show does, indeed, go on. A growing number of...

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New Jersey’s ‘Dream’ mall: 40M people and a traffic nightmare
Blog 1 week ago
New Jersey’s ‘Dream’ mall: 40M people and a traffic nightmare

After 16 years of false starts, the behemoth American Dream retail and amusement complex is set to open just west of Manhattan. To get there, an...

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After Amazon Loss, Economic Development Corp. Hired Big Guns for Local Battles
Blog 2 weeks ago
After Amazon Loss, Economic Development Corp. Hired Big Guns for Local Battles

Just a dozen days after Amazon announced this winter that it would pull out of plans for a Queens headquarters in the face of raucous opposition,...

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The best office parties don't happen in the office
Blog 3 weeks ago
The best office parties don't happen in the office

The holiday season may seem months away, but it's never too early to start planning your company's end-of-year party. Holiday events are a great...

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Controversial Upper West Side condo tower tops out
Blog 1 month ago
Controversial Upper West Side condo tower tops out

The controversial high-end residential tower at 200 Amsterdam Ave. on the Upper West Side has reportedly topped out with its 52nd floor. New York...

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What the proposed patient advocate office means for city hospitals
Blog 1 month ago
What the proposed patient advocate office means for city hospitals

A new bill introduced in the City Council on Wednesday would set up an Office of the Patient Advocate with the goal of producing data that could be...

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Brooklyn tenants ask court to step in over repairs to 'infested' buildings
Blog 1 month ago
Brooklyn tenants ask court to step in over repairs to 'infested' buildings

Tenants of 12 rent-stabilized buildings…; in northeast Brooklyn want a bankruptcy court to appoint a trustee that would oversee buildings they say...

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Deutsche Bank considering cutting more floors at future Columbus Circle home: report
Blog 1 month ago
Deutsche Bank considering cutting more floors at future Columbus Circle home: report

Deutsche Bank could reportedly further shrink its future offices at the Time Warner Center amid a global restructuring. The embattled financial...

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Deutsche Bank considers further cuts at Columbus Circle: report
Blog 1 month ago
Deutsche Bank considers further cuts at Columbus Circle: report

Deutsche Bank could reportedly further shrink its future offices at the Time Warner Center amid a global restructuring. The embattled financial...

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Amazon considering huge Brooklyn location
Blog 1 month ago
Amazon considering huge Brooklyn location

Amazon may have rejected Queens earlier this year. But it wants to grow in Brooklyn. The ecommerce behemoth is searching for a massive space where...

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Barneys weighs bankruptcy after flagship's rent is raised to $30M
Blog 1 month ago
Barneys weighs bankruptcy after flagship's rent is raised to $30M

The luxury department store Barneys New York is considering a bankruptcy filing, and much of that is due to the retailer's annual rent jumping from...

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Manhattan office rents reach historic high: CBRE
Blog 1 month ago
Manhattan office rents reach historic high: CBRE

As new sky-scraping office towers rise in Manhattan, commercial rents are climbing too. CBRE reports that the average asking rent for office space...

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Toys R Us to open New Jersey store as part of comeback bid
Blog 1 month ago
Toys R Us to open New Jersey store as part of comeback bid

The reincarnated version of Toys "R" Us is opening two stores this holiday season as a testing ground, with the hope of scaling up to 10 locations...

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Blackstone is said to be seeking sale of some warehouses from GLP deal
Blog 1 month ago
Blackstone is said to be seeking sale of some warehouses from GLP deal

Blackstone Group LP is talking with prospective buyers for some of the warehouses it will amass as part of an $18.7 billion acquisition agreed to...

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Uber searches for driver hangout space in Manhattan
Blog 2 months ago
Uber searches for driver hangout space in Manhattan

Uber is engaging in a New York tradition: looking for a parking space. The ride-hail company wants a large lot or garage where its drivers can park...

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Blackstone halts Stuy Town upgrades in wake of rent regs overall
Blog 2 months ago
Blackstone halts Stuy Town upgrades in wake of rent regs overall

A sign for the northwest oval is seen in Stuyvesant Town-Peter Cooper Village, Manhattan's largest apartment complex. The Blackstone Group is...

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Commercial vacancies in Trump Tower steady, but 37% of space is up for renewal soon
Blog 2 months ago
Commercial vacancies in Trump Tower steady, but 37% of space is up for renewal soon

Trump Tower, the Manhattan landmark home to the president and his namesake real estate company, has seen commercial occupancy fall to 84% from...

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Brooklyn beats Manhattan in apartment rent increases
Blog 2 months ago
Brooklyn beats Manhattan in apartment rent increases

Apartment rents rose the most in more than three years in Brooklyn, where a surge of high-end development is pushing up costs. With the value of...

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City opens temporary Willoughby Square green space amid legal fight
Blog 2 months ago
City opens temporary Willoughby Square green space amid legal fight

The city has opened a temporary green space at Willoughby Square, as it fends off a legal challenge over who has the right to build on the 1.2-acre...

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A simple way to catch rent-regulation cheaters
Blog 2 months ago
A simple way to catch rent-regulation cheaters

To the editor: The City of New York has relatively easy access to information that can demonstrate whether a rent-regulated tenant still resides in...

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SoHo developer sets sights on neighborhood's growing office market
Blog 2 months ago
SoHo developer sets sights on neighborhood's growing office market

Longtime SoHo building owner Albert Laboz said he plans to soon break ground on two boutique office buildings in the glitzy neighborhood. Laboz,...

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City urban design advocate takes California post
Blog 2 months ago
City urban design advocate takes California post

Vishaan Chakrabarti, founder of the New York-based Practice for Architecture and Urbanism, has been named dean of UC Berkeley's College of...

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REBNY president steps down
Blog 2 months ago
REBNY president steps down

The city's most powerful real estate lobbying group announced a change in leadership Wednesday after a legislative session that humbled the once...

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Google turns Chelsea Market area into tech hub
Blog 2 months ago
Google turns Chelsea Market area into tech hub

With its purchase of the Milk Building at 450 W. 15th St. in May, Google now owns or leases nearly all the commercial property between West 15th...

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After scare in Albany, big development site hits the market in LIC
Blog 2 months ago
After scare in Albany, big development site hits the market in LIC

A Long Island City warehouse near the waterfront has hit the market, offering a buyer the chance to raise a residential tower in a neighborhood...

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Lawmakers race to fix mistake in rent law
Blog 2 months ago
Lawmakers race to fix mistake in rent law

In the final hours of the legislative session in Albany, lawmakers are racing to pass a key update to the freshly minted rent-regulation law. The...

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City targets $5 million illegal Airbnb ring
Blog 2 months ago
City targets $5 million illegal Airbnb ring

City officials are going after a group of landlords for operating a ring of illegal short term rentals that they marketed on popular booking sites...

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